Lionsgate Reports Improved Q4 Loss Despite Negative Impacts of Coronavirus Pandemic

Lionsgate Entertainment reported a net loss for the fourth quarter on Thursday that was an improvement over the previous year, despite the negative financial impacts incurred from the ongoing coronavirus pandemic. Lionsgate reported an operating loss of $12 million for the fourth quarter and a net loss of $45 million, or loss of 20 cents per share. During the same quarter last year Lionsgate reported an operating loss of $34 million and a net…